KinderCare Learning Companies, Inc. $KLC Shares Sold by Renaissance Technologies LLC

Renaissance Technologies LLC reduced its holdings in shares of KinderCare Learning Companies, Inc. (NYSE:KLC) by 58.4% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 208,528 shares of the company’s stock after selling 292,372 shares during the quarter. Renaissance Technologies LLC owned 0.18% of KinderCare Learning Companies worth $459,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Militia Capital Management LLC purchased a new position in shares of KinderCare Learning Companies in the 1st quarter valued at $299,000. First Trust Advisors LP boosted its position in KinderCare Learning Companies by 146.0% during the 1st quarter. First Trust Advisors LP now owns 582,830 shares of the company’s stock worth $1,282,000 after purchasing an additional 345,948 shares during the period. Dimensional Fund Advisors LP purchased a new stake in KinderCare Learning Companies during the 1st quarter worth $25,000. Counterpoint Mutual Funds LLC acquired a new stake in KinderCare Learning Companies in the 1st quarter valued at $190,000. Finally, Hsbc Holdings PLC increased its holdings in KinderCare Learning Companies by 79.4% in the 4th quarter. Hsbc Holdings PLC now owns 47,161 shares of the company’s stock valued at $203,000 after purchasing an additional 20,870 shares in the last quarter.

KinderCare Learning Companies Stock Performance

Shares of KLC stock opened at $2.56 on Tuesday. The company has a debt-to-equity ratio of 1.97, a current ratio of 0.75 and a quick ratio of 0.75. The company’s fifty day moving average price is $4.67 and its two-hundred day moving average price is $3.94. The firm has a market capitalization of $303.18 million, a P/E ratio of -0.64 and a beta of 3.99. KinderCare Learning Companies, Inc. has a 12 month low of $1.75 and a 12 month high of $7.77.

KinderCare Learning Companies (NYSE:KLC) last announced its earnings results on Thursday, August 13th. The company reported $0.08 earnings per share for the quarter, missing the consensus estimate of $0.10 by ($0.02). KinderCare Learning Companies had a negative net margin of 17.23% and a positive return on equity of 6.65%. The business had revenue of $697.52 million for the quarter, compared to analyst estimates of $697.94 million. During the same quarter in the prior year, the business earned $0.22 earnings per share. The firm’s revenue was down .4% on a year-over-year basis. KinderCare Learning Companies has set its FY 2026 guidance at 0.050-0.150 EPS. On average, research analysts anticipate that KinderCare Learning Companies, Inc. will post 0.14 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on KLC. Wall Street Zen downgraded KinderCare Learning Companies from a “hold” rating to a “sell” rating in a research report on Saturday, May 16th. Weiss Ratings upgraded KinderCare Learning Companies from a “sell (e+)” rating to a “sell (d-)” rating in a report on Monday, August 3rd. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a $6.00 price target on shares of KinderCare Learning Companies in a research report on Friday. JPMorgan Chase & Co. cut KinderCare Learning Companies from a “neutral” rating to an “underweight” rating in a report on Friday. Finally, Robert W. Baird lifted their price objective on shares of KinderCare Learning Companies from $1.50 to $4.00 and gave the company a “neutral” rating in a research note on Friday, May 15th. One analyst has rated the stock with a Buy rating, five have given a Hold rating and four have given a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Reduce” and a consensus price target of $4.13.

About KinderCare Learning Companies

KinderCare Learning Companies Inc is a provider of high-quality early childhood education by center capacity. KinderCare Learning Companies Inc is based in PORTLAND, Ore.